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KAR Auction Services Inc

$28.49$0.00  (0%)
Estimate
P/E
32.7
EPS
0.87
Beta
1.254
Forecast
P/E (FWD)
19.9
EPS (FWD)
1.428
About the company
Ticker
KAR
ISIN
US48238T1097
Country
United States of America
Sector (GICS)
Industrials
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. Its digital marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. This segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers. It serves commercial customers, and franchise and independent dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.

Frequently asked questions

What sector does KAR Auction Services Inc (KAR) operate in?

KAR Auction Services Inc belongs to the Industrials sector and operates in the Auto & Truck Dealerships industry.

What is KAR Auction Services Inc (KAR) current stock price?

As of the latest data, KAR Auction Services Inc stock price is $28.49, with a previous close of $28.49.

What is KAR Auction Services Inc (KAR) current market capitalization?

KAR Auction Services Inc market cap is approximately 3.03 billion.

What is KAR Auction Services Inc (KAR) Earnings Per Share (EPS)?

The trailing EPS is $0.87, and the forward EPS is $1.43.

What is KAR Auction Services Inc (KAR) Price-to-Earnings (P/E) ratio?

KAR Auction Services Inc current P/E ratio is 32.75, with a forward P/E of 19.95.

Does KAR Auction Services Inc (KAR) pay dividends?

No. KAR Auction Services Inc does not pay a dividend.

What is KAR Auction Services Inc (KAR) beta (volatility) score?

KAR Auction Services Inc has a beta of 1.254, suggesting it is more volatile than the market.